Karachi, March 6, 2024 – Standard Chartered Bank Pakistan Limited has recently disclosed that it paid a substantial penalty of Rs 143 million due to regulatory violations, as per a report released by the financial institution.
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PM Shehbaz Orders Complete Digitization of Taxation System
Islamabad, March 5, 2024 – Prime Minister Muhammad Shehbaz Sharif has issued a directive for the immediate digitization of the country’s taxation system, aiming to enhance transparency, boost tax collection, and eradicate issues such as tax evasion, corruption, and smuggling.
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Unilever Pakistan Reports Record Profit of Rs 9.74 Billion for CY23
Karachi, March 5, 2024 – Unilever Pakistan Foods Limited has announced a significant surge in its profit after tax (PAT), reaching an impressive Rs 9.74 billion for the calendar year ending December 31, 2023.
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Gold Soars to Rs 223,900 Tola Amid Ongoing Rally in Pakistan
Karachi, March 5, 2024 – In a remarkable surge, gold prices in Pakistan reached a staggering Rs 223,900 per Tola on Tuesday, fueled by an ongoing rally that mirrored a global uptrend in precious metal markets.
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Utility Stores Launch Rs 7.5 Billion Ramadan Relief Package
Islamabad, March 4, 2024 – In an effort to alleviate the financial burden on citizens during the holy month of Ramadan, the Utility Stores Corporation (USC) is gearing up to implement the Rs 7.5 billion Prime Minister’s Ramadan Relief Package 2024 on Tuesday, March 5, 2024.
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PM-Elect Shehbaz Outlines Vision for Economic Revival
Islamabad, March 3, 2024 – In his inaugural address to the National Assembly, Pakistan’s newly-elected Prime Minister, Muhammad Shehbaz Sharif, acknowledged the formidable socio-economic challenges facing the nation but expressed confidence that they were surmountable.
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Mobile Phone Operators Provide Relief in Flood-Hit Gwadar
Islamabad, March 3, 2024 – In response to the devastating floods in Gwadar, mobile phone operators in Pakistan are stepping up to provide crucial relief to the affected communities.
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Pakistan’s Petroleum Sales Plummet by 13% in 8MFY24
Karachi, March 2, 2024 – Pakistan’s petroleum industry has witnessed a substantial 13% decline in sales during the first eight months (July – February) of fiscal year 2023-24, compared to the same period in the previous fiscal year.
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Zong 4G Offers Free Mobile Lifeline to Flood-Hit Gwadar
Karachi, March 2, 2024 – In response to the devastating floods wreaking havoc in Balochistan, Zong 4G has taken a commendable step by announcing free mobile phone services for the affected areas, with a particular focus on the strategically important port city of Gwadar.
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Taxpayers Eager to Secure ATL Status to Avoid FBR Action
In Pakistan, taxpayers are currently fervently seeking inclusion in the recently unveiled Active Taxpayers List (ATL) to shield themselves from the stringent measures enforced by the Federal Board of Revenue (FBR).
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